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Personal finance links: ignoring the lottery

Abnormal Returns

abnormalreturns.com) This startup site is designed to provide people with information about divorce. bestinterest.blog) The return on certificates of deposit are once again worth a look. (bestinterest.blog) Giving up How to de-prioritize activities that don't serve you. msn.com) New year Ten words for 2023 including 'Simplify.'

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Weekend Reading For Financial Planners (October 7-8)

Nerd's Eye View

Enjoy the current installment of "Weekend Reading For Financial Planners" - this week's edition kicks off with the news that a recent survey found that clients across several countries who work with a CFP professional have better outcomes on a range of measures compared to those working with other advisors or no advisor at all, suggesting that the (..)

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How Amazon Become Ordinary

The Big Picture

I’ve been an Amazon customer since my college roommate gave me a gift certificate in 1998. It was once a huge advantage for the retailer to have your credit card + address information on file; because of the decline of the entire Amazon experience, people set up accounts at their competitors. ~~~.

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#FA Success Ep 357: Building A High-Tech High-Touch Advisory Firm With The Modern Advisor Tech Stack, With Jon Henderson

Nerd's Eye View

In this episode, we talk in-depth about how Jon evolved his "high tech and high touch" mindset to serving clients by regularly iterating upon and updating his advisor tech stack while also elevating his long-time client service administrator into a more holistic client concierge (because the future isn't about tech or human service, it's tech and human (..)

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Best Practices For Running A Financial Planning Internship Program (And Creating A More Productive Outlook)

Nerd's Eye View

Recognizing the potential impact that a lack of internships for a generation of planners could have on the industry, in 2020 the Financial Planning Association (FPA) launched "The Externship", a virtual program that provided participants with access to mentorships with financial planning practitioners, technology commonly used in financial planning, (..)

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How to Open a Certificate of Deposit (CD) Account

Tobias Financial

Are you considering opening a certificate of deposit (CD) account? With the current market trends offering favorable rates and increased interests in CDs, it’s important to make an informed decision that aligns with your financial goals.

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What You learn in Risk Analysis Under CFP Certification

International College of Financial Planning

Here are some of the key things you learn in risk analysis under CFP certification. Gathering information about your client’s financial situation, analyzing their financial goals, and recommending how best to achieve them. This understanding allows people to make informed decisions regarding managing those risks.